The first stock market transaction between the two markets has been completed, under the remote operator scheme.
From a statement issued by the Stock Exchange of Panama:
The beginning of cross-border transactions between the El Salvador and Panama Stock Exchanges took place on Friday, May 19, 2017, when the first stock exchange transaction took place between the two markets under the Remote Operator scheme, which allows Stock Brokers from both countries to take part in the different operations in the two markets without the need for an intermediary.
Stable returns is the main characteristic of real estate funds which in Costa Rica have shown annualized growth of 26% in their net assets.
An article in Nacion.com reports that "...Real estate funds spent $284.2 million on the acquisition of 32 buildings between April2016 and March 2017. As of March, net assets managed by the seven investment fund management companies (SAFI) amounted to¢754,255 million, after a year-on-year increase of 26%, according to the Superintendency of Securities (Sugeval)."
From March 28th to 30th potential international investors will learn about public and private projects in infrastructure, tourism, energy and industrial development.
From a statement issued by Proesa El Salvador:
The country will open the first International Investment Forum El Salvador 2017 and present the Country Brand for El Salvador on March 28, reported officials this morning from the Agency for Promoting Export and Investment in El Salvador (PROESA), during a press conference.
Insecurity and high political uncertainty are preventing growth of private investment in the country, increasing the gap with the rest of Central America.
From the study by Fusades:
One sentence summarizes why at FUSADES we have always been interested in the theme; "Without investment, there are no new jobs, and welfare is reduced."In El Salvador, worryingly, the average annual investment rate of 14.1% as a percentage of GDP has been decreasing from 2010 to 2015; in that period, Central America recorded 24.2% of GDP, 10 GDPpoints more than in our country.In the region, we share similar problems and opportunities, but every country has performed better than us, and we occupy the dishonorable last position.In this regard, dollarized Panama has become the example to follow because of its agenda of international integration and the reforms it implemented, raising investment to 44.3% of GDP and it is one of the fastest growing economies in the world; Nicaragua is ranked second and having recorded an average investment of 29%, despite problems in its institutions; while Guatemala, with 14.1% has similar rate to El Salvador, with which we share some problems such as high corruption, insecurity and drug trafficking.
The bureaucratic procedures and permits required by the Cuban government and some restrictions on the establishment of companies could represent obstacles for foreign businessmen interested in investing on the island.
Although in Cuba there exists sectors such as telecommunications and construction, which have high growth potential due to a backlog in investment, those who are knowledgeable about the real situation in Cuban say that it will be difficult to take advantage of these opportunities, at least for now.That is the perception of the former ambassador of Costa Rica in Cuba, Rodrigo Carreras, who in an interview with the newspaper Nacion.com, detailed the conditions of the economy of the island and the difficulties that could be faced by entrepreneurs interested in doing business there.
The government and the opposition have agreed to approve in the first instance an issue of $550 million, not $1.2 billion as claimed by the administration of Sanchez Ceren.
Although the government insists that there is a need is to issue $1.2 billion to cover short - term debts and solve the liquidity problem it is facing, this first agreement to issue $550 million will serve to"... pay for the electricity subsidy for FODES and the mayoral districts."
Unions are opposed to the legal reform which aims to extend the scope of the supervision of the Superintendent of Financial System over savings and loans cooperatives.
In the view of Julio Cesar Portillo, secretary of the board of the National Commission for credit unions in El Salvador and CEO of Co-Andes de R.L. ,"...
Local and international companies will be meeting on August 23 to explore business and investment opportunities in the Caribbean.
The event"Invest in Limon 2016"will be held at the Costa Rica Marriott hotel in Belen, Heredia, from 8 am. Taking part in the event will be entrepreneurs, developers and local and international investors who are interested investing in the province of Limón.
Taxes on transactions made on the stock exchange in El Salvador are discouraging operations on the secondary market, which fell 80% in May compared to the same period in 2015.
A third and final call has started for companies and investors interested in participating in the development of projects in the program 'Apuesta por InversionES'.
Applications are open for national and international companies with the financial capacity to invest anywhere in the country.
Elsalvador.com reports that "...Interested investors should do so in a new project or expansion of an existing one in the category of tradables, which includes goods or services that can be traded internationally, said a statement issued by Fomilenio II.These are projects that can be set up in any part of the country, with a minimum investment of $100,000 by the applicant. "
The Ministry of Commerce and Industry is organizing an event on June 9 to 11 which will bring together public and private sectors to explore investment opportunities.
The event is being presented as an opportunity to open the doors to investment in Latin America and the rest of the world, with Panama as a hub for regional and international business.
Knowing how to laugh at yourself is a virtue that every entrepreneur in Costa Rica should have, even though it might all end in tears.
This is what Alfonso Carro does in his article on Crhoy.com: laugh at himself, at the same time bringing to light the helplessness felt in light of the deteriorating conditions for investment in an economy such as Costa Rica, which was once number one in Central America.
The reduction from 20% to 3% in the tax on stock profits was not enough to prevent trading on the secondary market in the first quarter of the year falling by 94%.
Determinants of investment, committed figures, and key economic sectors in the region in which Colombian companies have ventured into in recent years.
From the summary of the document by Cepal: "Colombian Investment in Central America":
The main objective of paper on Colombian investment in Central America is to analyze the business strategies that have led to increased Colombian foreign direct investment (FDI) in Central American countries.